Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust reduced its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 59.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,149 shares of the real estate investment trust’s stock after selling 3,195 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Starwood Property Trust were worth $41,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in STWD. Leeward Investments LLC MA purchased a new stake in Starwood Property Trust during the fourth quarter worth approximately $24,791,000. Geode Capital Management LLC lifted its position in shares of Starwood Property Trust by 8.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after buying an additional 399,672 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Starwood Property Trust by 78.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust’s stock worth $18,174,000 after buying an additional 390,787 shares during the last quarter. Columbus Macro LLC acquired a new position in shares of Starwood Property Trust in the 4th quarter valued at $7,022,000. Finally, Van ECK Associates Corp grew its position in shares of Starwood Property Trust by 27.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after buying an additional 279,793 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Down 1.9 %

STWD opened at $20.12 on Tuesday. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17. The business has a 50 day moving average price of $19.43 and a two-hundred day moving average price of $19.82. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The company has a market cap of $6.78 billion, a PE ratio of 17.20 and a beta of 1.69.

Analyst Ratings Changes

A number of brokerages recently weighed in on STWD. JMP Securities reduced their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. UBS Group boosted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Finally, Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Starwood Property Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.